| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $97M | $94M | $93M | 3.3% | 4.8% |
| Op. Income | $41M | $37M | $36M | 11.5% | 13.5% |
| Gross Margin | 80.0% | 77.0% | 76.4% | 3.0pp | 3.7pp |
| Net Margin | 34.4% | 32.3% | 31.4% | 2.1pp | 3.0pp |
| EPS (Diluted) | $2.29 | $2.06 | $1.96 | 11.2% | 16.8% |
| Free Cash Flow | $28M | $31M | $28M | -11.0% | 0.2% |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $78M |
| R&D Expenses | $0 |
| Selling & Marketing | $964.0K |
| General & Administrative | $21M |
| SG&A Expenses | $22M |
| Other Expenses | $15M |
| Operating Expenses | $37M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $41M |
| Interest Income | $80M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $4M |
| EBIT | $41M |
| EBITDA | $45M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $78M |
| R&D Expenses | $0 |
| Selling & Marketing | $964.0K |
| General & Administrative | $21M |
| SG&A Expenses | $22M |
| Other Expenses | $15M |
| Operating Expenses | $37M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $41M |
| Interest Income | $80M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $4M |
| EBIT | $41M |
| EBITDA | $45M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $786.0K |
| Deferred Income Tax | -$208.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$388.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$206M |
| Sales/Maturities of Investments | $68M |
| Other Investing Activities | -$53M |
| NET CASH FROM INVESTING | -$192M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$49M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | -$213M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $172M |
| Short-Term Investments | $873M |
| Net Receivables | $22M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $69M |
| Goodwill | $0 |
| Intangible Assets | $159M |
| Long-Term Investments | $4.3B |
| Tax Assets | $34M |
| Other Non-Current Assets | $920M |
| TOTAL NON-CURRENT ASSETS | $5.5B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $0 |
| Short-Term Debt | $340M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.2B |
| TOTAL CURRENT LIABILITIES | $5.6B |
| Long-Term Debt | $150M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $95M |
| TOTAL NON-CURRENT LIABILITIES | $245M |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $48M |
| Additional Paid-In Capital | $173M |
| Retained Earnings | $893M |
| Treasury Stock | -$254M |
| Accum. Other Comp. Income | -$95M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $764M |
| Minority Interest | $0 |
| TOTAL EQUITY | $764M |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $490M |
| Net Debt | $318M |
